This is not to argue that there should be no future cuts in defense spending.
This is obviously because defense spending is not growing as fast as domestic spending.
Even in 1999, defense spending will drop 0.1% while domestic discretionary spending will rise 2.2 %.
Government outlays rose by an annualized 13% after a large increase in defense spending.
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This would also allow conservative politicians the political protection of calling this defense spending.
We need to cut domestic spending, defense spending, health care spending, spending in our tax code.
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Nobody knows for sure how the federal fiscal crisis might influence future defense spending.
However, long-term growth concerns for the company remain due to the U.S. defense spending cuts.
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Defense spending alone is scheduled to go up 10% per year according to the Cato Institute!
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Aimless defense spending, on the other hand, may well make us poorer and less secure.
In contrast, in absolute dollar terms, defense spending actually declined slightly between those two years.
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Decide what to do about the massive budget cuts to defense spending and other government programs.
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Despite this, defense spending fell from 10.8% of GDP in 1955 to 4.3% of GDP in 2008.
Essentially, my differences with Bowles-Simpson were I actually proposed less revenue and slightly lower defense spending cuts.
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Domenici was elected in 1972 and is a senior member of a panel that oversees defense spending.
The NATO members also agreed to devote a fifth of their defense spending to major equipment purchases.
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Most of the budget is Medicare, Social Security, Medicaid, defense spending, and interest on the national debt.
On Jan. 27 Mr. Putin's finance minister announced that defense spending will be increased by 50 percent.
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Whatever estimates of defense spending as a percent of GDP we had for them, were way too low.
The consensus is that defense spending cuts will be deep, citing concerns about troop withdrawals and budgetary pressures.
Funding for the war in Afghanistan has proved to be another sticking point in the defense spending debate.
Proposals in the plan to limit defense spending are likely to draw scrutiny from both Democrats and Republicans.
So this would be, every year for 10 years, a tax cut as big as our defense spending.
On defense spending, a huge amount of their savings on the discretionary side came out of defense spending.
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The sequester was designed to be objectionable and onerous -- both the cuts in defense spending and nondefense spending.
Finally, the above discussed levels of federal spending, deficits and debt include sharp reductions in future federal defense spending.
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The cure was a tax cut plus more defense spending, which in the short term led to higher deficits.
Even if rates stay constant, Hunt said, interest expense will exceed defense spending by the end of the decade.
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Such transfers will simply exacerbate the security problems attending already inadequate defense spending.
That has produced a peculiar approach to defense spending among U.S. political leaders.
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